M/S SHRIJEE TRADING COMPANY AND ANOTHER vs M/S INDIAN ELECTRONICS AND ANOTHER

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 142 CRM-M-26971-2026 Date of decision: 13.05.2026 M/S SHRIJEE TRADING COMPANY AND ANOTHER ......Petitioners VERSUS M/S INDIAN ELECTRONICS AND ANOTHER .......Respondents CORAM : HON'BLE MR. JUSTICE VINOD S. BHARDWAJ ***** Present: - Mr. Gourav Goel, Advocate for the petitioner. ***** VINOD S. BHARDWAJ, J. (Oral) The instant petition has been filed for seeking quashing of the order dated 18.04.2026 passed by Judicial Magistrate 1st Class, Kharar, in case NACT No. 47 of 2025, CNR No. PBSAA10004562025, registered on 10.02.2025 whereby the petitioners have been directed to deposit the amount an equivalent to 20% of the cheque amount, being illegal, perverse and arbitrary. After arguing the matter at some length, Counsel for the petitioner seeks withdrawal of the instant petition with liberty to take recourse to the alternative remedy available to the petitioners in accordance with law. Dismissed as withdrawn with liberty as aforesaid. (VINOD S. BHARDWAJ) MAY 13, 2026 JUDGE Vishal Sharma Whether speaking/reasoned : Yes/No Whether Reportable : Yes/No VISHAL SHARMA 2026.05.14 09:36 I attest to the accuracy and integrity of this document